MSTR is looking healthy above its major moving averages after forming what appears to be a developing triple bottom.
If you have a bullish thesis on the price of bitcoin at its current level, MSTR is very compelling. Any longs could have a clearly defined risk in the region of the moving averages which also aligns with an untested POC and anchored VWAP from the lows.
If you have a bullish thesis on the price of bitcoin at its current level, MSTR is very compelling. Any longs could have a clearly defined risk in the region of the moving averages which also aligns with an untested POC and anchored VWAP from the lows.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.